1979-0815_BROWN, A.W. & DIANE_I13_Agenda Report0
AGENDA ITEM August 15, 1979
TO: James S. Mocalis, City Manager
FROM: W. D. Murphy, Director of Public Works
SUBJECT: Release of Bond 32302 Camino Capistrano, Solano
Rincon Building (Brown)
SITUATION
Staff is requesting release of a $9,000 bond for public improvements
at 32302 Camino Capistrano. Assessment District 78-2 will provide
funding for the street improvements, therefore, the above referenced
bond is not necessary.
FINANCIAL CONSIDERATIONS
There is no cost to the City for this action.
ALTERNATE ACTIONS
1. Release the performance bond in the amount of $9,000 for 32302
Camino Capistrano.
2. Do not release the performance bond.
3. Refer to staff for additional information.
RECOMMENDATION
By motion, release the performance bond for public improvements in
the amount of $9,000 for 32302 Camino Capistrano (Solano Rincon
Building.)
Respectfully submitted,
W. D. Muer
WDP4:GA/rem
FOR CITY COUNCIL AGENDA .. •